Showing posts with label Drives. Show all posts
Showing posts with label Drives. Show all posts

Yuval Tal Drives Democratization of Global Payments With Payoneer

Friday, April 20, 2012

While political uprisings all over the world are making headlines, another less visible revolution is also underway. This upheaval crosses national boarders and comes at the intersection of payments and e-commerce. The old regime was typified by a relatively small number of large merchants processing large numbers of in-country transactions. The "insurgency" is being driven by an increasingly large number of small merchants located all over the world. And the volume is increasing at a startling rate. Unfortunately, legacy payment infrastructures are not capable of efficiently managing the global aspects of these changing economies. With the help of Yuval Tal and his company, Payoneer, this is quickly changing.

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